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Strategies & Market Trends : Options for Newbies -(Help Me Obi-Wan-Kenobe) -- Ignore unavailable to you. Want to Upgrade?


To: OX who wrote (2214)7/18/2004 10:39:28 AM
From: jt101  Read Replies (1) | Respond to of 2241
 
OX, The reason I was thinking of ITM calls was - Assuming I get delta = 1, I mean almost close to 1, I won't incur any losses, even if stock moves away from me. But I am aware this requires a large move of the stock price.

I will definitely consider the alternate scenarios you have suggested, like going for ATM/OTM, but increasing the number of call options if required. Thank you...

Even I am wondering where Dan is, must be on a vacation?